Crypto Market Analysis & Daily Market Reviews
News block 1. PayPal Launches Cryptocurrencies Hub PayPal launches Cryptocurrencies Hub for users who are interested in using cryptocurrencies. According to the company, the new service will allow you to sell and buy cryptocurrency, as...
Crypto Market Analysis & Daily Market Reviews
News block 1. PayPal's PYUSD stablecoin will be integrated into DeFi PayPal Senior Vice President and general manager for blockchain, cryptocurrency and digital currency Jose Fernandez da Ponte said in an interview that PayPal intends to...
Crypto Market Analysis & Daily Market Reviews
News block 1. France Updates Rules for Crypto Companies The French securities market regulator is updating its rules for digital asset service providers in anticipation of the entry into force of MiCA (the law regulating cryptocurrencies...
Crypto Market Analysis & Daily Market Reviews
News block 1. SEC files appeal against Ripple The U.S. Securities and Exchange Commission (SEC) has filed a letter of intent to request an appeal against the judge's summary decision of July 13 in the case against Ripple. The SEC has no...
Crypto Market Analysis & Daily Market Reviews
News block 1. Crypto Regulation in the Banking Segment from the Fed The Federal Reserve System says it will expand supervision of the cryptocurrency activities of banks in the United States. The Fed has introduced a "New Activity...
Crypto Market Analysis & Daily Market Reviews
News block 1. PayPal launches its own stablecoin The global payment giant PayPal is entering the cryptocurrency market with its own stable coin tied to the US dollar - PayPal USD (PYUSD). This is the first time that a large financial...
Crypto Market Analysis & Daily Market Reviews
News block 1. The Confrontation in the crypto-elites Currently, there is a confrontation between the head of the Binance exchange Changpeng Zhao (known as CZ in the crypto community) with Tether (the issuer of the largest USDT stablecoin)...
Crypto Market Analysis & Daily Market Reviews
News block 1. Mass applications for Ethereum futures-ETFs Six companies have filed applications with the U.S. Securities and Exchange Commission (SEC) to launch Ethereum futures ETFs. The company Volatility Shares was the first to do this...
Crypto Market Analysis & Daily Market Reviews
News block 1. Global Regulation of Cryptocurrencies On August 01, India, which currently chairs the G20, published a note to contribute to the roadmap of the Global Structure of Cryptocurrencies. The document is consistent with the...
Crypto Market Analysis & Daily Market Reviews
News block 1. Tether company acquired BTC for $70 million Earlier this year, Tether announced that it would invest up to 15% of its profits in BTC. From the report for the second quarter of 2023, it follows that Tether bought 2,310 BTC in...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bipartisan support for the bill on stablecoins After seven hours of difficult debates, the House Committee on Financial Services was able to pass a bill on the regulatory framework for stablecoins on July 27. The bill "The...
Crypto Market Analysis & Daily Market Reviews
News block 1. Blockchain and cross-border payments A report dated July 29, 2023, published by Ripple in collaboration with the US Fast Payments Council (FPC), states that blockchain can save financial institutions about $10 billion on...
Crypto Market Analysis & Daily Market Reviews
News block 1. New requirements of the financial regulator of Canada OSFI, Canada's financial regulator, has proposed strict new rules regarding the risks associated with crypto assets in the banking and insurance sectors. "Today OSFI...
Crypto Market Analysis & Daily Market Reviews
News block 1. Progress in US Crypto Legislation Two bills on cryptocurrency regulation were adopted by the Financial Services Committee of the US House of Representatives at once, which may finally bring much-needed regulatory clarity. On...
Crypto Market Analysis & Daily Market Reviews
News block 1. Namibia Passes a law on the regulation of cryptocurrencies Last week, the Namibian government officially passed a law regulating the activities of virtual asset service providers, reversing the original 2017 decision to ban...
Crypto Market Analysis & Daily Market Reviews
News block 1. FedNow vs Stablecoins Last week, the US Federal Reserve launched FedNow, an instant payment service aimed at modernizing the country's payment system, which will eventually allow ordinary Americans to send and receive funds...
Crypto Market Analysis & Daily Market Reviews
News block Today the news block is dedicated to Ripple and the XRP cryptocurrency Currently, Ripple considers the United States to be its global development center, but after winning in court, the company has also stepped up its...
Crypto Market Analysis & Daily Market Reviews
News block 1. The long-awaited bill on Crypto Regulation in the USA A group of Republicans in the House of Representatives has introduced a long-awaited bill that, if passed, will once and for all define the role of the Commodity Futures...
Crypto Market Analysis & Daily Market Reviews
News block 1. Societe Generale gets a license for cryptocurrency SG Forge, the cryptocurrency division of Societe Generale, became the first company to receive a license to provide crypto services in France from the country's financial...
Crypto Market Analysis & Daily Market Reviews
News block 1. Shinhan Bank is testing payments on the Hedera network South Korean Shinhan Bank has completed a pilot project of money transfers using stablecoins in the Hedera network (HBAR). The aim of the project was to eliminate...
